Prop 13: The Building-Sized Loopholes Corporations Exploit

Roland Shield

Mr. Eskenazi, Your article is well-researched and informative to say the least. And I feel that I am reasonably informed enough to make this assessment (no pun intended). I am a former employee of the California Wildlife Conservation Board and I saw these sort of shenanigans being orchestrated for "conservation" properties for nearly 5 years before I was drummed out as a would-be whistleblower. The only success I has was getting California Watch to post a fairly weak article that only vaguely scratched the surface of this phenomenon [ ref. http://californiawatch.org/env... ] . Let me be clear here: there are hundreds of transactions representing hundreds of millions of dollars in unreported assessed and collected taxes across California every year. And yes, many of the "hogs" are in places such as Sonoma and Napa Counties, but they are everywhere to be sure.

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Teotwawki Jones

Actually, property taxes are raised annually and tied to inflation. In the 12 years I've been in my home, my taxes have gone up about 25%. By the time I pay off the mortgage, they will have almost doubled.

Joe Eskenazi

Sir --

In California, there is a cap on how much property taxes can be raised: 2 percent per year. Also, if your tax base is higher than the value of the home, you are entitled, via Proposition 8, to apply to the assessor for a downward reassessment every year.

Best,

Dr8kangas

Excellent journalism.

Partyisover

Why are we allowing our adult children, who were born and raised in California, to pay for the selfish-sins of their grandparents? When their grandparents were young, they bought homes all over California at dirt cheap prices with low-low interest rates. Yet, when they were given the opportunity to pay-it-forward, they instead decided to keep everything for themselves.

Dear old Granpa and Granma voted for Prop 13 which keeps their property taxes at the 1978 tax rate, that was back in the good old days, when a gallon Gas was only 63 cents.

Briansays

the lesson here ispeople think government is corrupt, wasteful, incompetant and always looking to expand the social welfare stateergo they hate it more than they do the rich and greedy in the private sector

Dreamer

In a perfect world, Mean Greedy People and Mean Gun Slinging People would cancel-out each other (two equally gruesome entities neutralize each others power)